02:09 PM EST, 03/07/2024 (MT Newswires) -- Paysafe ( PSFE ) shares declined 12% in recent Thursday trading following the company's Q4 earnings report.

The company reported Q4 adjusted net income of $0.66 per diluted share, up from $0.54 a year earlier.

Analysts polled by Capital IQ expected $0.63.

Revenue for the quarter ended Dec. 31 was $414.5 million, up from $383.6 million a year ago.

Analysts surveyed by Capital IQ expected $413.6 million.

The company said it expects full-year 2024 revenue of between $1.69 billion and $1.71 billion.

Analysts surveyed by Capital IQ expect $1.7 billion.

Price: 12.52, Change: -1.71, Percent Change: -12.02